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since he became president four years ago. president obama officially ending weeks of speculation and formally nominating justice department official tomas perez to be the next secretary of labor. his nomination is controversial and repugnant. they say he has a radical-ish on records from immigration and liberal laws to voting rights. not to mention president obama already in a constitutional challenge to his choices to sit on the national labor relations board. they're taking its fight all the way to the supreme court after a d.c. appellate court invalidated the recess appointments made when the senate wasn't in recess. the senator has vowed to block the nomination. other stories we are bringing you tonight, wall street shrugging off a botched european union bailout of banks and an unprecedented tax on the deposits in cyprus, a tiny nation of 1.1 million people that will cost investors hundreds of billions of dollars in market capitalization. the dow jones industrial average down more than 100 points earlier but rebounded losing a modest 62 points. the s&p fell nine, the nasdaq d
. is this it? one and done? >>> the critical item on president obama's agenda in israel. >> reporter: it's b.a.r.t. verses the birds. we'll tell you how much the agency is spending to keep their stations free and bird free. it may surprise you -- as "mornings on 2" starts now. >>> well, good morning. welcome to "mornings on 2." i'm dave clark. >> i'm tori campbell. >>> we're tracking developing news out of bethel island where a large fire that's burned two homes has flared up again. the fire first broke out at 2:30 this morning on taylor road. claudine wong is live on bethel island with more on why this fire is taking so long to control. good morning, claudine. >> reporter: good morning, tori. they've attacked it from the front, from behind and now they are gonna talk it from above. take a look. one home was already destroyed by flames but this fire at this home has burned for more than four hours. you have firefighters on the ground shooting water up into the top level of this home. but it's just not getting to where it needs to get to. firefighters say what they are doing now is getten an
but they say he sounded disoriented. he may be driving a camera. >>> president obama is in israel. we want to show you a picture out of jerusalem. these are live pictures right now, where you can see president obama. it looks like he's hearing from sol young children. a little girl at the microphone. at this point, he's at the residence of shimon peres. the two men are scheduled to take part in a tree-planting ceremony. then later today, president obama will meet with benjamin netanyahu. coming up at 7:15, the hot topics on the meets with the israeli leaders. >>> well, now we're less than a week away from the day the u.s. supreme court will hear oral arguments on proposition 8. next tuesday the court will hear arguments before or against prop 8 along with another same-sex marriage case. the challenge to the federal defensive marriage act. yesterday, the court said it would release same-day audio if the arguments are presented. the court's statement did not mention television coverage which legal experts probably means it will not be allowed. >>> a bay a
-- before he unveils his budget. again, i think that it really comes -- from president obama to take a lead, to keep meeting with republicans and enable to try to bring the parties together to find a way to find common ground. right now, we are not seeing it-- >>> is that fair? talking about march madness? i mean, look, that's -- he does do that. but they are dealing with the budget. he's going to unveil it, i think this next week. >> right. he's the one president who has taken the long toast unveil a budget. why wait for four years for the senate to pass a budget, to have a cut-and-paste document that shows much more of the same -- stimulus spending and raising taxes at the end, no savings, which is what the editorial board of the washington post said, the democratic plan had no scpaiftion will not deal with the long of this term fiscal issues of our country. >> eric: do how do we get out of this? >> the two parties coming together will produce some results. i don't think anybody should be wild eyed about the prospects of everybody reaching across and meeting the other guy more than halfwa
:06. president obama continues his middle east trip today. schedule with both palistinians. the two held a joint news conference. deserve independent and sovereign state. >> the european central bank is giving cypress until monday to come up with a new plan to raise funds to avoid bankruptcy. cypress government leaders are scrambling to come up with a plan b after the parliament rejected a plan to seize up to 10% of people's bank accounts. the government ordered banks to stay closed until tuesday now to prevent people from withdrawing all their money. but atms are still operating with withdrawal limit. >> the issue, the people of california care about most right now: the economy. >> 71% of likely voters say getting control of the federal deficit should be the top priority for congress this year. 52% say immigration reform is a top issue. 42% say new gun control policies are the most important issues. and 33% say efforts to combat climate change should be the priority. >> 7:08. we know what sal's priority is keeping a close eye on traffic. >> okay. right now we are looking at a community much bet
"around the world." president obama scored a few diplomatic points while in the middle east. but his achievements might short lived. we'll have a conversation about that. and ford apologizing for an ad that never ran. >> it featured women bound and gagged in a back of a car with a former italian prime minister in the driver's seat. >> i think i'd say that too. great whites getting dangerously close to a cage diver. >> no divers died in the filming of this but we will show you the extraordinary scene when we come back. when you have diabetes... your doctor will say get smart about your weight. that's why there's glucerna hunger smart shakes. they have carb steady, with carbs that digest slowly to help minimize blood sugar spikes. [ male announcer ] glucerna hunger smart. a smart way to help manage hunger and diabetes. [ male announcer ] glucerna hunger smart. dad: you excited for youyeah.st day? ♪ dad: you'll be fine, ok? girl: ok. dad: you look so pretty. ♪ i'm overprotective. that's why i got a subaru. love. it's what makes a subaru, a subaru. of mild to moderate alzheimer's dis
the deadly terrorist attacks in benghazi, the obama administration today finally in acknowledging that additional americans we injured in the attack. in addition to the four men killed. the u.s. ambassador to libya, chris stevens, and three others were murdered in a september 11th attack. now congressional investigators are pressing the obama administration to make the four wounded survivors available for interviews. fox news chief intelligence correspondent katherine harris with the report. ♪ >> for the first time since terrorist attack the diplomatic mission and the cia outpost none as the amex and benghazi, libya, the state department publicly confirmed how many of its employees were hurt and the nature of their injuries. >> one was smoke inhalation at the temporary mission facility. one at the amex, seriously injured, one -- another at the amex was less seriously injured. we also have a contractor. >> a diplomatic security source told fox is the state department agency was in the most serious condition suffered a severe head injury during the second wave of the attack when t
tonight, margaret warner reports. >> warner: this last working day of president obama's middle east trip saw an unexpected breakthrough on an issue that has hobbled u.s. efforts toñr contain the conflict in syria-- a long-simmering dispute between israel and turkey. on the ben gurion airport tarmac before leaving israel, the president facilitated an ice- breaking phonecall between israeli prime minister netanyahu and turkey's premier erdogan. despite shared concerns about the syrian conflict and other eruptions in the region, they haven't been speaking for nearly three years. mr. netanyahu apologized for the death of nine turkish activists during a 2010 israeli commando raid on an aid ship bound for blockaded gaza. it brought a sudden halt to what had been security cooperation between the two countries. today erdogan and netanyahu agreed to normalize relations again. the president spoke of the call and that relationship's importance this evening in amman jordan >> fortunately, they were able to begin the process of rebuilding normal relations between two very important countries in the
.ll >> rose: so then bush-- there was an election in 2008, and barack obama was elected president. he come spodz office with what assumptions about iraq, and how did his views on iraq play out? >> well, president obama, as a candidate-- and i interviewed him twice on iraq, single subject, as a candidate-- his view was he campaigned on ae platform of taking all of the american combat brigades out inn 16 months with a date certain. >> rose: okay, then he gets into power, and he withdraws the troops. and then there are negotiations to leave some troops, which yous you believe was a significantwa mistake, that negotiation failed. and so they did not leave five, 000, or 10,000 troops there. 1 what happened? >> well, first off, withha president obama, he really did not fulfill his campaign promisf literally of taking the troops out in 16 months.s he pretted much ended up takingly them out on george bush's schedule, the end of 2011. two, the other thing is what people don't realize is the t obama administration tried to de a lot more than just take troops out. they tried to re-engineer the govern
. >> okay. thank you very much for that. coming up, speaking of political events, president obama makes his first official trip to israel as a u.s. president. this after a recent poll shows only 10% of israelis view him favorably. we'll be live in jerusalem with more when we come back. don't go anywhere. zap technology. arrival. with hertz gold plus rewards, you skip the counters, the lines, and the paperwork. zap. it's our fastest and easiest way to get you into your car. it's just another way you'll be traveling at the speed of hertz. >>> >>> now the tiny island of cyprus' finance minister is appealing to russia for help. fresh off talks this morning, negotiations were constructive but no deal has been struck for a loan or further aid at this time. steve sedgwick spoke with the finance minister after that meeting. here's what he had to say. >> a very good first meeting. very constructive. very honest discussion. we underscored how difficult the situation is and we'll now continue our discussions to find a solution by which we will get -- we hope we'll get some support from russia. >> in t
this live. president obama right there live just about to leave israel. heading to jordan. he's at the airport in tel aviv. he just spent 20 minutes meeting with benjamin netanyahu. the president is about to leave israel. heading to jordan. we'll have all the details coming up. >>> let's go back over to sal as we get closer to 7:00. >> we are looking at the toll plaza. there is a little bit of a wave here pam and dave westbound. it's not bad. if you are driving in san jose, southbound 280 we have the two right lanes closed. now to bill. >>> we are looking at temperatures today. they will be warmer than yesterday. that is a good thing. we'll see temperatures in the 60s and low 70s. current numbers outside low 40s. it will be a nice looking 24 hours when i get back on mornings on 2 at 7:00 we will show you the five-day forecast and the next chance for rain. >>> coming up on mornings on 2 the big story we've been telling you about is a deadly hit and run accident on a san jose freeway. >>> developing news in marin county. a rock slide causing big problems for drivers heading to t
you. con cop another big story, president obama will come out expected to nominate thomas perez, current u.s. assistant attorney general to take the place of the labor secretary. dagen: this could stir up controversy on capitol hill. joining us now with reaction is "wall street "wall street journal" editorial board member, jason. you get first dibs. connell: thank you very much for the floor. the controversy vowndz, -- surrounds, what, jason? an over active secretary? >> well, the record of justice, the obama administration is tooting the fact that he oversaw lending elements at the justice department, but not talking about the methods used in the cases. he used desperate impact, a way, basically, of using statistics to prove discrimination. if more blacks denied home loans than whites, that's automatically racial discrimination. more black kids sus pended rather than white kids, that's automatic racial discrimination. the facts don't matter, just the outcome. dagen: how could he apply that thinking in his job as labor secretary? what would be the impact there? >> well, the gove
, and the nasdaq lost ten points. on the domestic front, president obama called upon congress to, quote, finish the job on immigration. speaking during a citizenship ceremony at the white house, president obama stressed the importance of getting something done. >> we have known for years that the immigration system is broken, not doing enough to harness the ingenuity of those who work hard to find a place here in america, and after avoiding the problem for years, the time has come to fix it once and for all. the time's come from the comprehensive, sensible immigration reform. lou: the president went on to put a time line on the issue saying he wanted congress to debate immigration reform next month, and that he wants a bill to sign as soon as possible. he's rallying support for gun control, and new york city mayor michael bloomberg is picking 7:the slack, pumping $12 million of his own money into a national ad campaign trying to persuade senators to support expanded background checks, and cbs learned the hard way not to mess with american's veterans or my fox news colleague. the network angered
to get political for a moment here. i know you voted for president obama but since been quoted saying you like your vote back or something like that. why is that? >> because politicians mean well. this across the well. politicians mean well but, business people in my estimation should be running countries, and perhaps business women. there would be less wars but certainly they pay more attention to making sure that, you know, you take in more money than you put out. it is a simple business model. we ar 17 trillion almost in debt. melissa: right. >> there is no excuse for that. there should be an amendment passed. it should be, it should be against the law to be in debt, period. melissa: yeah. gene, you are a ledge -- legendary investor, i'm not sure people kn that. when you rang the bell at the new york city the dow was 1700. you side, buy, buy, buy. you said the market would two up from there. we're sitting at 14,000. what is your prediction of the dow? >> it will go up. the marketplace is not undervalued. listen to an idiot like me. if i understand and believe in america, the political
but not controversy surrounding it, depicting satan, people say looks like president obama. mark burnett will be with us on the studio later on. dagen: we will be all over him. we're all over stocks now and every 15 minutes. nicole petallides with a look at the market and the new intraday high hit moments ago. nicole: a lot to be excited about. mark burnett coming on, i look forward to that interview. if you want the upward trend to keep on rolling, you have got it. up 75 points on the dow jones industrial. the nasdaq and the s&p gaining about half a percent. we are going to be hearing from the fed later in the day, very accommodative fed so far. interesting to see the market running the way they are, given we have some uncertainty in cyprus and uncertainty in europe. the dollar is weaker today, seeing the market jumping in at all-time intraday highs 14,545, back to you. dagen: we dig it, thank you. connell: trying to reach some sort of a compromise before the deadline march 27 to avoid having a government shutdown. dagen: rich edson with the latest. rich: a number of different budget pi
, obama and bernanke, they are robbing us of our savings. i like what e-mack is saying. my 401(k) has outperformed social security during my career and i think all americans should enjoy that. >> morgan, you're on the younger side. what do you think? you think the money is going to there be when you're ready to retire? >> not necessarily which is why i'm all for reforming social security but i don'think we should scrap it. i think there is a larger issue that people aren't saving because they don't have money to save. we have 12 million americans unemployed, 10 million homeowners who are still under water on mortgages, cost of gas, cost of everything has essentially gone up while our salaries have gone down. if you don't have money you can't save it. if we want to fix -- fix people's ability to save and actually ironically people's ability to contribute to social security we need to focus on job creation. >> job creation, not social security elimination. >> social security is an abomination on its very best day but i will point out that we did make promises to people nearing retiremen
first. this flies in the face of what the obama administration has been saying. >> i would say consider the messenger. there is no question that they are telling people that your rates will go up and premiums will rise. they know that these changes will create more competition because consumers will be able to log onto an easy website, have a lot more choices on who they want to ensure them. dagen: fried, they are not making it up. they face a lot of restrictions. they also have the reduced ability to set rates based on age. that, obviously, you will have higher premiums as a young healthy individual because you have to bear the cost of that. >> that is not the case. dagen: i am asking brad. >> rates have already gone up. they went up even before obamacare had passed. they have to create huge reserves for the new people who are coming on board. my rates have already gone up. they are telling their brokers, look, not only will your business model change, but rates will increase for your customers yet again. the government has created such restriction on the marketplace. it is no longer f
confirmed chemical weapons were used, but they can't say by whom. president obama, of course, has said use of chemical weapons would be a, quote, red line for his administration. we'll see whether that means the u.s. will get more involved in that civil war. >>> senate democrats drop the assault weapons ban from their gun control bill. california senator dianne feinstein had proposed the ban, but there was not enough support for it. >>> and a huge problem for lululemon. i know all the guys around the table are fixated on this one. one batch of its black yoga pants were too sheer. no one wants to pay 100 bucks for pants see-through. at least in that industry. the ceo is in trouble and the stock down nearly 10% since last friday. larry, if i can't make a joke on that one -- >> that's a beauty. >>, and of course, the white house, easter egg roll is definitely on. at least for now. press secretary jay carney putting to rest speculation it could be cancelled because of the sequester imposed budget cuts. but the tickets did go out with a warning. that it could be cancelled if there's a governmen
to court, you have to -- vote, you have to show documents to prove you are a u.s. citizen. the obama administration opposes it. they offer it's an effort to keep minorities from voting. those for it, says look, it's very simple. it's to stop noncitizens and especially illegal immigrants from voting in u.s. elections. federal courts have been split on the issue. an appeals court did strike it down. this issue has not gotten a lot of attention. it could prove to be a mid one when the court wraps up its term in june. >> a lot of people wonder if a lot of illegal immigrants are starting to vote and according to one poll, they said .001% of florida's voters turned out to be illegal. so why there is so much attention for what really is a small problem? >> reporter: i find the answer is a lot like a lot of things in politics. there are two political parties that run in parallel existence and see completely different things. there are a lot of republicans who argue it is a big deal and it's just not paid attention to. a lot of people say it's an issue that fraud is not being addressed proper
. the obama administration opposes it. they offer it's an effort to keep minorities from voting. those for it, says look, it's very simple. it's to stop noncitizens and especially illegal immigrants from voting in u.s. elections. federal courts have been split on the issue. an appeals court did strike it down. this issue has not gotten a lot of attention. it could prove to be a mid one when the court wraps up its term in june. >> a lot of people wonder if a lot of illegal immigrants are starting to vote and according to one poll, they said .001% of florida's voters turned out to be illegal. so why there is so much attention for what really is a small problem? >> reporter: i find the answer is a lot like a lot of things in politics. there are two political parties that run in parallel existence and see completely different things. there are a lot of republicans who argue it is a big deal and it's just not paid attention to. a lot of people say it's an issue that fraud is not being addressed properly and you have studies on that the democratic side w
-- to one-fifth the size of the problem. let's do that to other people. president obama gave a big speech about how they were going to go after government contractors. they have about a $6 billion problem. we give government contractors money, they don't pay their taxes. we ought to say one of the conditions of getting the money is you pay your taxes. we know from the irs that you drop the problem to one-fifth its size if you say once you're told you have to pay, you we need to make arrangements or we let you go. >> do you think these federal workers let you get off too easy? they use excuses like dan tried to do. it's a very interesting thing. they get off too easy. >> i think most of them are well meaning, they want to do a good job and i don't know how there could be this many. >> because they're not so well manning. >> before you hire somebody, you should be able to find out if they owe money. >> that's part of the chaffetz bill. >> i'd like to see an analysis of how much they owe and not just the total but how much the individual owes. >> the average is 10,000 per guy for that $100,0
taxes, it would curb spending by repealing obama care and eliminate the deficit in ten years. $4.6 trillion in cuts. zero chance of passing in the democratic-controlled senate, it's dead on arrival. >> lawmakers in the house and senate approved legislation to fund the government through the end of september. that avoids the risk of a partial federal shutdown. in the process, they are on spring break for a couple weeks. what's your take on this? >> my take is the whole financial dysfunction of our congress is mind blow iing. you look at this week. let's say frederick, maryland, where there's air traffic control that will be shut. a tower that was built by the stimulus money. so stimulus money went into this tower. the government saying it's a priority. and the the government because of its dysfunction saying we have to shut is down. that's a perfect representation, i think, of how washington is not doing its job. we can't even pass a budget. it can't even run the books. there's no strategy. when you look at some of the spending cuts, you see a lack of a strategy in american financ
to israel where president obama has just arrived. he just took a moment to deliver remarks to the crowd that showed up to welcome him. this is his first trip to israel as president. there is a lot to talk about with the ongoing situation there in the middle east between israel and palestinians. we will have to see what happens at this historic meeting as it is under way. we will follow the president's movements throughout the day and update you on what is going on. >> back here in the bay area we began our news this morning with developing story i san jose police looking for a gunman who they say shot a man in an apparent drive-by shooting. >> here is the place we're talking about. the address is 1720 hopkins and drive. that is a middle school area. let me push in and show you the area we're talking about. this again a middle school nestled in a community. police said the victim between 18 and 20 years old was standing on the sidewalk when a light colored guess you the drove by and someone opened fire. the victim remains in a hospital this morning their condition remains unknown. that h
of entrepreneurs capitalizing on states legalizing pot. president obama making the short trip from jerusalem to the west bank this morning, he's meeting with palestinian leaders. the president is on its first visit to the middle east since becoming president. and finally, for anyone that grew up in the '70s, or '60s and '7on 0s like i did, you're not going to know anything about this. but the lead obituary in the "new york times," this is a big deal, believe it or not. harry reen, who was the first bona fide male adult film actor. he was the star of "deep throat." obviously. he was paid $250 to appear in that movie and it earned $6 00 million. he died at the age of 65. he he became a first amendment cause celeb. allen dirchuwitz represented him at one time. handle bar moustache. tae, but i would not bring that up, other than it is the lead obituary in the "new york times." $250 and the grossed $600 million. anyway, he's gone and we're going to go to break. [ male announcer ] what?! investors could lose tens of thousands of dollars in hidden fees on their 401(k)s?! go to e-trade and roll over
to you. >> great to see you, thank you. >> thank you. >> so president obama nominating thomas perez as the next labor secretary filling the seat vacant since january, and rich edson is live outside the white house with more on that. rich? >> held a similar position for the state of maryland, recent position is the department of justice leading up to civil rights division. president obama in his nomination says that he believes that thomas perez will push his administration's priorities at the labor department. >> we're going to have to work very hard to make sure that folks find jobs with good wages and good benefits. we have to make sure veterans returning home from iraq and afghanistan have a chance to put their incredible skills and leadership to work at home. we need to build ag immigration system that works for every employee and every family and every business. >> some republicans criticizing the pick according to a department of justice inspector general report showing deep ideological divisions within the department that thomas perez headed up predating the obama administrat
fox news minute. president obama is in jordan. his final stop in the middle east. his country has been struggling with more than 400,000 syrian refugees who have crossed. assad is bowing to wipe out extremists. among the dozens killed was a 84-year-old cleric who is one of his strongest supporters. eighty-four people were wounded in the explosion. a marine shot and killed two other marines before turning the gun on himself. the shooter was a staff member at the quantico school. the two victims, a male and female, were both active duty marines. this comes just three days after seven marines were killed in a training accident in nevada. those are your headlines. back to melissa and adam. melissa: thank you. farmland prices doubling in the u.s. does this signal a bubble brewing in america's heartland? jeff flock is in grundy county, illinois. jeff: want to buy a farm, melissa? melissa: sure, why not. jeff: we are talking about investing in farmland. a lot of people on wall street are doing it right now. take a look at this piece of ground. 160-acre parcel in grundy county, illinois, corn
obama but on each other. work on the contrasting house and senate plans continue this week. for "nightly business report" i'm john harwood on capital hill. >> i asked when we spoke recently but began by getting him to rate the u.s. economy on a scale of 1 to 10 with 10 being very strong. >> i think it's trying to be a 6 but the government, in generally, the government doing the wrong thing might be pulling it back to a 4. we're definitely off the bottom and economy is trying to recover. . are you concerned? i spoke with form early fed chairman alan greenspan. he said with respect to the sequestered, rising asset prices both in stocks and housing may in part overset the otherwise dill tear just effects of the federal spending cuts. are you in that camp at all? >> not especially. there's a little bit coming from stocks but the main thing is housing is coming back. we've bit very few house force a long time. household debt is coming down relative to income. balance sheets are in better shape. we have in a way, we've been down so long there's no place to go but up, so the private sector is s
. president obama is nominating thomas perez as his next secretary of labor. "he helped pay his way through college as a garbage collector and working at a warehouse, he went on to become the first lawyer in his family, so his story reminds of this country's promise. if you are willing to work hard, it doesn't matter who you are, where you come from, or what your last name is, you can make it." mr. perez currently serves as assistant attorney general and is the son of immigrants from the dominican republic. if confirmed by congress, he will likely tackle changes to immigration and minimum wage. one of the first industries outside of government to feel the pain of sequester cuts is travel. after the automatic budget cuts took effect, non- essential travel by federal employees was eliminated. that translates into a loss of at least 30% of the business for some hotels. the faa has also threatened the closing of control towers at smaller airports and longer lines at bigger airports, all due to the automatic sequester cuts. boeing may be losing altitude with customers. spice jet limited, an ind
congressional oversight. critics complained the program lacks transparency. president obama urging palestinians and israelis to resume peace negotiations. president obama refused to endorse the call for a settlement freeze. the united nations will investigate charges that chemical weapons were used in syria. the syrian government requesting that probe accusing rubbles. the syrian opposition says the regime is responsible for the chemical weapon attack. those are your latest headlines. i am jamie colby. i will send it back to dagen. dagen: hitting the highest level in over three years. mortgage rates are helping boost sales and prices. thankfully, inventory. it is part of burke shirer hathaway. a major real estate firm across this country. inventories have been so tight. how important is that to continuing to bring out the sellers? >> dagen, the biggest challenge that we have right now is the incredibly low inventory across the country. what a change it has been from two years ago when we were at an all-time high. the sales activity is clearly being constrained by a lack of inventory coast to co
. connell: highest level close to five years. the economy may be improving. the problem for president obama is his approval rating is not. 47% of americans approving. doug shaw is here to answer that. a record-breaking run last week. you have home production neared the unemployment rate falling. >> first of all, we have dysfunction in washington. we do not have a budget deal. economic growth was tested in the fourth quarter. there is no sign that it is reviving. there really is no revival on main street. connell: is there something politically bad be done? is there something they are not doing right? shouldn't they be better able to take advantage of the perfect stock market and little bit better economic numbers? i think the president is trying to do that now, connell. reaching out to the public senators and paul ryan. we made a deal on the but with newt gingrich. the same thing needs to be done now. dagen: something really struck me. i do not mean to harp on it. the average american wakes up in the morning, you tell me how he feels or she feels that deficit with the daily impact. you kind
president obama signed obamacare into law. regulations keep growing and growing. is it starting to get messy. republicans declaring messy that is one of architects saying it himself. >> i think we know it is going to be messy. there will be things that come up that are unanticipated. >> eric: he is right. when we bought the cake. woman said obamacare that is why my hours got cut. i guess we can expect more of that? >> you are going to see a lot more of that. this is direct impact that it is having. we had the legislation and people are trying to read it and get through it. now you see the regulations piling up a and practical day to day coming out in the form of a woman who is trying to make a case and earn a living and run a business. >> eric: there are a lot of things that we learned about the obamacare law and we're going to roll them while you talk. this is growing by the day. >> yeah, it's too bad the congress didn't learn about it. it's only 2,000 pages long. we have elected people idiots people vote on things they don't read. there is a payroll tax of .9% and investment tax 3.8% and e
to enrich uranium. and israel's president believes obama will order an attack on iran if necessary. shooting is the last option, but said it's an option if diplomacy doesn't work. peres will host obama for a @tate dinner this hour. and the u.s. drone program could be moving from the cia to the pentagon. the white house considering shifting combat drone authority to the department of defense b which would allow more congressional oversight. the cia has been using unmanned aircraft to target suspected terrorists, but critics complain the program lacks transparency, at least right now. those are your headlines, i'm jamie colby, back to mel shah and lori. ladies? lori: thank you so much, jamie. stocks climbing off the lows of the day, and the dow while it did hit a new intraday high yesterday thanks to the fed, but the next guest sees the dow hitting 16,000 in the next 6-12 months. joining me now, ira walker, managing director at ubs, and i want to remind viewers, the last time you were here, august of 2011, the dow was at 31,000. -- 11,000. we're 14,440 to be exact. but you say there is still r
clinton, and president barack obamas and a host of conservative who previously opposed same-sex marriage and now support it. >> public opinion has also turned in favor. the question remains what, if any impact would this have on the supreme court question are being duly nice to constitutional law of the universe burst in san franciscuniversity of san franc. >> the public at large will begin to support the extension rides. >> i think that plays an informal role in shaping deliberations. but it is not a formal is very informal. >> the u.s. supreme court will hear all arguments on tuesday and wednesday of next week. >> rulings are expected sometime this summer. >> than curren kron 4dan gerkern 4 news. a new national poll shows support for same-sex marriage at an all-time high. >> and the last 10 years, public opinion has undergone a reversal. in 2003, more than half of all americans wanted to allies same-sex marriage. now nearly 60 percent want to legalize it. the poll was conducted by a lender research for abc news and the washington post. >> a folksinger is accused of making anti-gay comm
's expected to pass and then to president obama to sign. congress was racing against a -- against a deadline of march 27th or face a government shutdown. the bigger battle over the 2014 budget continues. >>> it could be easier to get into the national postal forum in san francisco today. >> okay! >> workers and customers protested outside yesterday's sexes at moscone service. they are angry the postal service is spending more than $2 million to network with vendors. but the postmaster general says they represent one-third of total postal service revenue and they need to hear their concerns. the conference wraps up tomorrow. >>> two men were indicted by a federal grand jury for trying to get $20 million out of the state's pension fund. the indictment names two men of using fake documents to trick people into paying $20 million in fees to a company run by villarobos. >>> there is a new study that says california lawmakers have the highest based salary in the nation. last year the base salary for legislators topped $95,000. they also received about $30,000 in tax-free per diem payments. but the
to pass and then to president obama to sign. congress was racing against a -- against a deadline of march 27th or face a government shutdown. the bigger battle over the 2014 budget continues. >>> it could be easier to get into the national postal forum in san francisco today. >> okay! >> workers and customers protested outside yesterday's sexes at moscone service. they are angry the postal service is spending more than $2 million to network with vendors. but the postmaster general says they represent one-third of total postal service revenue and they need to hear their concerns. the conference wraps up tomorrow. >>> two men were indicted by a federal grand jury for trying to get $20 million out of the state's pension fund. the indictment names two men of using fake documents to trick people into paying $20 million in fees to a company run by villarobos. >>> there is a new study that says california lawmakers have the highest based salary in the nation. last year the base salary for legislators topped $95,000. they also received about $30,000
money in cyprus. connell: axel merck, great perspective, as always. thank you. dagen: president obama is losing his advantage to the gop and pulls when it comes to the economy. the president led the gop by 18 percentage points back then. the most recent poll has them leading by only four percentage points. we have four opinions editor joining us now from washington, d.c. you have the unemployment rate improving. everything is okay. why now? >> i do not think president obama helped him very much with the sequester the bay. when he said the government would suffer mightily for 2% spending cuts, i would add to that voters are increasingly wise to the fact that the federal government does not have resources o its big, bloated nature exists at the cost of all of us. dagen: is the danger, john, we continue on with unemployment still stubbornly high, still very close to 8%, that the longer we struggle as a economy, the more they will rely on the government to be there and provide a safety net. >> i think people are wise as to what is going on there. it is still a very abnormally high number
in the dodd/frank bill, in the financial sector, and in obama care, and in the health care sector. i think you're going to see some of the same things happening. you're going to see a lot of merger and acquisition activity. i like manhattan partners here. >> who gets hardest hit, as a result of obama care and dodd/frank? where are the areas of this market that you want to avoid, given this higher regulatory environment? >> when you see the passage of the sarbanes, you saw a lot of the smaller companies. they merged the together because they needed to get the economies of scale to cover the cost of all that regulation. i think you're going to see some of the same things happening -- >> smaller and mid-cap -- >> exactly. >> rick santelli, we did not forget about you, i assure you. while the stock market hasn't suffered too much over this, the safe havens have certainly benefited. >> they absolutely have. and the vote where they didn't pass it had virtually no effect on those markets, which have some traders scratching their heads. it's all about the euro today, and you can argue how important cy
and moved yesterday were skating about europeans. and russia, what diplomat isn't here? obama, of course, in israel, the only one we haven't seen this week. >> very good. steve sedgwick, thank you very much for hooking up with us by phone there after they shut you down on the street. let's go to josh lipton who we won't shut down. he's got a market flash. >> we're watching apple here which is popping today in the green. apple trading above its 50-day moving average, first time that's happened since october. trades will tell you technically apple has been working better here, moved higher last week than digested those gains. apple up about 1.4% right now. simon, back to you. >> thank you very much, josh. everything you buy online in america may soon have a big fat sales tax coming with it regardless of how you bought it. that's if washington or some in washington get their way. john harwood is on the case. he'll join us live from d.c. in a moment and if you hate to fly we have two stories that are going to make you feel potentially worse. you might as we'll get them here before getting sm
that got me into that bad mortgage. appreciate it. sue. >>> up next, an amazing story from president obama's trip to the high-tech conference in israel where they're working on technology that is helping the paralyzed to walk again. >>> plus, a game changer for suburbia. phil lebeau is live in chicago. phil? >> sue, i had one, a lot of my friends had one, minivans. they used to be part of living in suburban america. those days are gone. what's replacing it? the wagon. that's coming up on "power lunch." [ male announcer ] every famous curve has an equally thrilling, lesser-known counterpart. conquer them with the exhilarating is 250. get great values on your favorite lexus models during the command performance sales event. this is the pursuit of perfection. redesigned site has this new score planner tool with these cool sliders. this one lets us know what happens if someone checks our credit. oh. this one lets us know what happens if we pay off our loans. yeah. what's this one do? i dunno. ♪every rose has it's thorn ♪just like every night ♪has it's dawn score planner is free to everyo
bank, would you leave it in there? >> it's really that much different than obama care? you're sure? >> yes. >> really? >> yes. >> we're pretty -- our idea is why not take for the preschool program, take 10%, why not pay for solar energy and alternative energy development? why not pay -- if obama gets started on this -- >> joe and i have agreed that we're going to compensate -- what do you want to see, 20%? >> we'll start at 20. we'll start at 20. >> as we spend it all, we're going to need more. we're going to need the preschool, we're going to need solar energy. >> i thought i was completely wrong this what it was. >> it's an island, isn't it? >> it's an island. >> but it shows you how interconnected it is. >> i know. and fait accompli, he said i got there and is they were doing it. >> what if you found out that your bank got taken over by the fdic and the insurance that you thought protected your money was not there, that it was wrong? that's the problem. >> and by the way, 10% of your money is gone, too. >> explain to the eurozone just waking up exactly what -- >> carolin is goin
. president obama is expected to sign the legislation soon. meanwhile, $85 billion in federal cuts continue to take effect. 1 million federal employees still face unpaid time off. also in washington, the house has approved representative paul ryan's controversial budget. through $4.6 trillion in spending cuts, the bill aims to balance the federal budget in ten years. it would repeal the affordable care act and turn medicare into a voucher program. house speaker john boehner said ryan's budget helps balance the federal budget. "the american people overwhelmingly support balancing our budget, a budget senate democrats are considering never balancing. that means more debt, fewer jobs, and, frankly, much higher taxes." meanwhile, democrats criticized the bill's lack of funding to healthcare programs. "one of the core elements of the ryan budget plan that gives us real partisan concern is that it doesn't keep our promises to our seniors, to our veterans, to our most vulernable population." the budget has no chance of passing the senate. lawmakers leave capitol hill for a two week recess after to
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